Enservco (NYSE:ENSV) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Enservco (NYSE:ENSV) in a report issued on Monday morning. The brokerage issued a sell rating on the stock.

Enservco Stock Performance

NYSE ENSV opened at $0.06 on Monday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.99 and a quick ratio of 0.96. The stock’s fifty day moving average is $0.08. The firm has a market capitalization of $3.31 million, a price-to-earnings ratio of -0.23 and a beta of 0.85. Enservco has a fifty-two week low of $0.03 and a fifty-two week high of $0.38.

Hedge Funds Weigh In On Enservco

An institutional investor recently bought a new position in Enservco stock. AlTi Global Inc. bought a new position in shares of Enservco Corp (NYSE:ENSV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 816,792 shares of the company’s stock, valued at approximately $188,000. AlTi Global Inc. owned about 2.96% of Enservco as of its most recent SEC filing. 25.58% of the stock is owned by institutional investors.

Enservco Company Profile

Enservco Corporation, through its subsidiaries, provides hot oiling and acidizing, and frac water heating services to the onshore oil and natural gas industry. It also water hauling and well site construction services. The company owns and operates specialized trucks, trailers, frac tanks, and other well-site related equipment.